Cost of Living in Naval Academy, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
205.6
100 = national avg
+105.6 vs national average
Living Wage (1 Adult)
$90,444
per year
Living Wage (Family of 4)
$213,777
per year
Cost Index by Category
Housing284.3
Food142.0
Transportation184.0
Healthcare133.6
Utilities162.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,511
per month
2 Bedroom
$1,857
per month
The overall cost of living index in Naval Academy is 205.6, which is 105.6% above the national average. Housing costs are above the national average at an index of 284.3. A single adult needs to earn approximately $90,444 per year to cover basic expenses.